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Tornado_Trading
Jul 12, 2018 1:53 PM

ONTBTC - Divergence, expect to reach the fast EMA short term Long

Ontology / BitcoinBinance

Description

ONTBTC
A good Bullish Divergence on MACD-H, also on EFI
Support seems to have formed on the 1H chart, reversal is expected
False breakout, price moving possibly moving up now.



Entry 0.00005230
Target 0.00005319

Stop Loss 0.00005180

R/R ratio: 1:1.8


Note:
We will check out the strength during the trade to see if we stick around to see if it will reacht the slow EMA, to have way more profit. But in this bearish market, I tend to get out with maybe less profit, as there is not much strength currently, and waiting too long you'll see yourself to get out break even

Trade closed: target reached

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